Finance

This is the right time for a fair and just-acceptable economic system: PM Sheikh Hasina
Photo: Collected

This is the right time for a fair and just-acceptable economic system: PM

Bangladesh Live News | @banglalivenews | 13 Jan 2023, 01:58 pm

Dhaka, January 13: Prime Minister Sheikh Hasina said now is the right time to work collectively for a fair and acceptable economic system taking into account the current global economy.

The Prime Minister said this while attending the inaugural Leaders Session of the 'Voice of the South Summit 2023' held in New Delhi, India, on Thursday (January 12) virtually from Gana Bhaban.

She said, they need to be addressed collectively for sustainable global economic growth and development of the Global South. World peace and stability must be maintained in the larger interest of humanity.

Prime Minister Sheikh Hasina thanked the Government of India and said that this conference will give them a unique opportunity to connect with their counterparts around the world. Bangladesh is a country of Global South. Welcome India's vision as President of G20 to ensure inclusive development under the concept of 'One World, One Family, One Future'. Let us work together for a better future and a better world.

In the proposal to achieve sustainable global economic growth, she said, first of all, world peace and stability should be maintained for the greater interest of humanity. Second is the need for a new paradigm that tackles inequality holistically in parallel with the SDGs. Thirdly, the most vulnerable countries, including least developed countries, climate vulnerable countries, need special financing to meet their transition.

In the fourth proposal, she emphasized the need to bridge 'digital divides' to ensure equal opportunities for all, including women.

"Take advantage of the fourth industrial revolution by investing in young people. For which funding and technology transfer support is essential," she added.

She said, fifthly all people should have equal right to live well. The global community should not forget to ensure the return of forcibly displaced Myanmar citizens.